"Here’s how I define profit: **cold hard cash that the shareholder(s)** (the owner or owners of the business) can use for themselves in any way they want, **such that using it will not negatively impact the continued healthy operations of the business**." ([Location 1277](https://readwise.io/to_kindle?action=open&asin=B07SZQMH7Z&location=1277)) --- **Tags** -- [[quotes]], [[profit]], [[business-improvement]], [[accounting]], [[dividend-policy]], [[capital-returns]] **Source** -- [[202410110432 - B - Fix This Next]]